Real Estate News & Articles

How Instagram helps brokers market themselves

2019-07-16

Social media, on the other hand, allows brokers highly-personalized branding Neil Sharma Mortgage Broker News It’s safe to say traditional marketing is going the way of the dodo. Social media, on the other hand, allows brokers highly-…

Lone Wolf partners with REW

2019-07-15

Lone Wolf Technologies and Real Estate Webmasters (REW) recently partnered REM Lone Wolf Technologies and Real Estate Webmasters (REW) recently partnered to integrate the REW platform and Lone Wolf’s transaction management solutions, …

Two-storey homes, bungalows are among Vancouver's priciest

2019-07-15

Aggregate home prices at $1,208,674 Ephraim Vecina Canadian Real Estate Wealth Two-storey homes remain Vancouver’s most expensive residential asset class, with an aggregate price of over $1.5 million. The latest edition of the Royal L…

Toronto's land transfer tax: A short history

2019-07-15

Until April 1974, Ontario didn?t have a land transfer tax Bill Johnston REM Until April 1974, Ontario didn’t have a land transfer tax. Then our (Conservative) government of the day gently introduced LTT to property buyers. April 10, 1…

Eco-friendly developments yet to flourish

2019-07-15

Appetite for environmentally-friendly homes is expected to surge Neil Sharma REP Appetite for environmentally-friendly homes is expected to surge in the years ahead, but incorporating green technologies still requires outside-of-the-box thi…

Class Valuation a real estate analysis firm using the latest technology

2019-07-15

Former Realtor.com VP joins Class Valuation Candyd Mendoza other Class Valuation has added Vijay Taneja to its leadership team as chief data scientist to enhance the company’s collateral risk analysis platform. Taneja has 20 years of …

B-20 cost province $500 million in lost economic activity: BCREA

2019-07-15

Stress test cut sales by 10 per cent Neil Sharma Mortgage Broker News Without the mortgage stress test, home sales in British Columbia would have been 10% higher, claims the province’s real estate association. In a new report analyzin…

Southgate 2627 Gore Street Kelowna 19 homes in a 4 storey building by Teano holdings

2019-07-13

Stylish Southgate takes a convenient and walkable Kelowna location Claudia Kwan The Vancouver Sun Southgate Project Address: 2627 Gore St., Kelowna Developer: Teano Holdings Architect: Matt Johnson, Architecturally Distinct Solutions Interi…

New house prices down slightly after 3 months unchanged

2019-07-12

New house prices in Canada slipped 0.1% in May Steve Randall REP New house prices in Canada slipped 0.1% in May, following three months unchanged. Data from Statistics Canada shows that the largest declines were in Saskatoon (-0.5%) and Vic…

Foreign owners, non-residents pay most of BC speculation tax

2019-07-12

BC speculation tax to pay for infrastructure services Steve Randall REP The Speculation and Vacant Homes tax (SVT) introduced by the British Columbia government will bring in $115 million to help support affordable homes in the province. Th…

Vancouver axes rental developments in White Rock despite near-zero vacancy rates

2019-07-12

Metro Vancouver city council nixed rental building Ephraim Vecina Mortgage Broker News The Metro Vancouver city council has nixed developer Mahdi Heidari’s plans for an 84-unit rental building in White Rock, marking the latest in a st…

Which Vancouver Island neighbourhoods are still seller's markets? (INFOGRAPHIC)

2019-07-12

Where the housing hotspots have been this spring Joannah Connolly Western Investor In B.C.’s currently lukewarm residential real estate sector, it’s easy to read the headlines and imagine it’s becoming a buyer’s mark…

WeWork snaps up 10 floors of BentallGreenOak's under-construction Vancouver tower

2019-07-12

Co-working corporation will move into super-green, 32-storey downtown office building upon completion in 2023 Frank O'Brien Western Investor Co-working giant WeWork has snapped up 10 floors of BentallGreenOak ’s under-construction, su…

BoC notes improvement in housing market as interest rates hold

2019-07-11

Bank of Canada interest rate unchanged Steve Randall Canadian Real Estate Wealth The Bank of Canada decided to hold interest rates steady at its meeting Wednesday, citing the pressure of global trade tensions and some temporary factors boos…

Wording of any bylaw vote resolution must be included with the meeting notice

2019-07-11

Unanimity, or three-quarter vote? Tony Gioventu The Province Dear Tony: What happens when bylaws are amended in a mixed-use strata corporation? The strata council at our AGM proposed a new bylaw that prohibits smoking or use of any types of…

Aalto 76 three and four bedroom townhomes at 1228 Hudson Street Coquitlam by Intracorp

2019-07-11

Aalto Townhomes takes a convenient location near rapid transit and urban amenities Simon Briault The Province Aalto Townhomes What: : 76 three- and four-bedroom townhomes Where: 1228 Hudson Street, Coquitlam Residence size and prices: 1,434…

The Big Picture: Average Rental Prices Across the Country

2019-07-11

The rental market in Canada is accelerating this year other News of record-breaking real estate prices and government-imposed foreign home buyers’ taxes are just some of the headlines dominating the Canadian real estate market. As sum…

Purplebrick real estate company pulls out of US market

2019-07-10

Real estate disruptor pulls out of US after just 2 years Ryan Smith other After less than two years, a UK company that promised to disrupt the American real estate market is pulling out of the US. Purplebricks, a real estate company that ch…

Toronto, Vancouver tied for lowest office vacancy rate in NA

2019-07-10

Toronto, Vancouver tied for tightest office markets in NA Steve Randall Canadian Real Estate Wealth Demand for offices in Toronto and Vancouver has squeezed the vacancy rates of both, making them the joint tightest markets in North America.…

Sold data availability causing surge of exclusive listings

2019-07-10

Exclusive listings preferred to ensure data privacy Neil Sharma REP Nearly a year after the Toronto Real Estate Board lost its appeal to the federal Competition Bureau over the issue of sold data, it turns out its privacy concerns were vali…

Interest Rates Stay Steady At 1.75% in BoC July Announcement

2019-07-10

The Bank of Canada ushered in another season of stability for interest rates Penelope Graham other The Bank of Canada (BoC) ushered in another season of stability for interest rates as it held its trend-setting Overnight Lending Rate at 1.7…

Toronto among fastest-growing flexible workspace markets

2019-07-09

Co-working, serviced, and hybrid centres, shows that Toronto has seen the largest percentage increase Steve Randall Canadian Real Estate Wealth The shift towards flexible working has been changing the demand of office tenants over recent ye…

Almost two out of five Toronto condos are not owner-occupied

2019-07-09

Nearly four out of 10 condos in Toronto are not owner-occupied Ephraim Vecina Mortgage Broker News Nearly four out of 10 condos in Toronto are not owner-occupied, according to the latest Statistics Canada data. As much as 39.7% of the city&…

Fraud, real estate laundering are exploiting the same vulnerabilities

2019-07-09

Businesses lose around $3 billion to fraud annually Ephraim Vecina Mortgage Broker News Canada’s porous justice system is promoting the rapid growth of fraud as a business, a former RCMP top investigator has warned. These criminal ent…